Selangor Dredging buys 29.19-acre leasehold land in Dengkil for RM87.9m
The acquisition is part of Selangor Dredging’s ongoing effort to identify suitable properties for its land bank, the group said in a stock exchange filing on Tuesday.
The acquisition is part of Selangor Dredging’s ongoing effort to identify suitable properties for its land bank, the group said in a stock exchange filing on Tuesday.
The Berjaya companies did not receive the necessary approvals following a change in the Selangor government after the 2008 general election.
The group plans to construct factories and covered warehouses on the land as part of its long-term plan to relocate some of its operations and existing tenants from its current location on Jalan Kapar.
The Malaysia boutique developer’s One Draycott bagged five awards and its Jui Residences received one.
In a Bursa Malaysia filing on Wednesday, the group said it has received a letter from the liquidator of troubled oil and gas (O&G) company, Serba Dinamik Group Bhd in respect of the liquidator’s application for directions on the sale on the leasehold land in Section 14, Shah Alam together with the office building.
The property development and construction firm said the private placement exercise entails the issuance of up to 810.
DONE DEAL: Semi-detached factory, Semtec Park Semenyih, Selangor DONE DEAL: Condominium unit, The Residence, TTDI, Kuala Lumpur Located in the heart of Bandar Baru Bangi, Selangor, the property offers a glimpse of the vibrant community and convenience of this bustling town.
The 99-year leasehold property is on industrial land that measures some 4,868 square metres (sq m).
Tan Sri Vincent Tan’s counsel Chuar Kia Lin confirmed with The Edge that the Shah Alam High Court allowed the ex-parte injunction application earlier on Thursday (Aug 17).
“[Dari angka purata ini], pelanggan biasanya akan menghabiskan kira-kira 50% hingga 70% untuk perabotan.